Exxaro ResourcesJSE:EXX +0.43%83 Net Margin % is 16.16% as of Dec. 2025, which is 41% below its 10-year median of 27.38. GuruFocus rates JSE:EXX with a GF Score™ of 83/100 and a GF Value™ of R197.54 (Fairly Valued). The stock has 8 warning signs investors should review. Among 130 Other Energy Sources companies, Exxaro Resources ranks better than 87.69% on this metric.
The historical rank and industry rank for Exxaro Resources's Net Margin % or its related term are showing as below:
JSE:EXX'
s Net Margin % Range Over the Past 10 Years
Min: 18.11 Med: 27.38 Max: 38.65
Current: 18.11
JSE:EXX's Net Margin % is ranked better than 87.69% of 130
companies
in the Other Energy Sources industry
Industry Median: 2.835
vs JSE:EXX: 18.11
Exxaro Resources (JSE:EXX) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Exxaro Resources Net Margin % Related Terms
Exxaro Resources Net Margin % Historical Data
* Premium members only.
The historical data trend for Exxaro Resources's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Thermal Coal subindustry, Exxaro Resources's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Exxaro Resources Net Margin % vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Exxaro Resources's Net Margin % distribution charts can be found below:
* The bar in red indicates where Exxaro Resources's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Exxaro Resources (JSE:EXX) has a Net Margin % of 16.16% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Exxaro Resources and its competitors. This is 41% below median its historical median of 27.38. Over the past decade, Exxaro Resources' Net Margin % has ranged from 18.11 to 38.65. According to the industry distribution chart, Exxaro Resources ranks #16 out of 130 companies in the Other Energy Sources industry, placing it in the top 12.3%.
Is Exxaro Resources' Net Margin % too high?
Exxaro Resources' current Net Margin % of 16.16% is 41% below median its 10-year median of 27.38. Over the past 10 years, this metric has ranged from a low of 18.11 to a high of 38.65. The Other Energy Sources industry median Net Margin % is 2.84. Exxaro Resources' value of 16.16% is 470% above this industry median. Based on the distribution chart, Exxaro Resources ranks #16 out of 130 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, Exxaro Resources has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Exxaro Resources' Net Margin % compare to CNR?
According to the Other Energy Sources industry distribution chart, Exxaro Resources ranks #16 out of 130 companies for Net Margin %. This places Exxaro Resources in the top 12% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.84. Exxaro Resources' value of 16.16% is 470% above this benchmark. Historically, Exxaro Resources' own Net Margin % has ranged from 18.11 to 38.65 over the past decade. While the company's 10-year median is 27.38 vs. the industry median of 2.84, Exxaro Resources has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Other Energy Sources company?
The median Net Margin % among Other Energy Sources companies is 2.84, based on 130 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Exxaro Resources's current Net Margin % of 16.16% is 470% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Exxaro Resources and its competitors. For the Other Energy Sources industry, the median Net Margin % is 2.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exxaro Resources's current Net Margin % is 16.16%, which is 41% below median its own 10-year median of 27.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exxaro Resources stock overvalued right now?
Based on GuruFocus' analysis, Exxaro Resources (JSE:EXX) is currently considered Fairly Valued. The stock's GF Value™ is R197.54, compared to a current price of R201.55 — trading 2% above its estimated fair value. The current Net Margin % is 16.16%, which is 41% below median its 10-year median of 27.38 and 470% above the Other Energy Sources industry median of 2.84. Exxaro Resources' overall GF Score™ is 83/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Exxaro Resources (JSE:EXX), the current Net Margin % is 16.16% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Exxaro Resources (JSE:EXX) Overvalued in 2026?
Based on GuruFocus' analysis, Exxaro Resources stock appears to be overvalued.
The current stock price of R201.55 is trading 2% above its estimated GF Value™ of R197.54.
GuruFocus considers Exxaro Resources to be Fairly Valued.
Key valuation signals for JSE:EXX:
Net Margin %: 16.16% (41% below median its 10-year median of 27.38)
GF Value™: R197.54 vs. price of R201.55 (2% above fair value)
Industry Position: 470% above the Other Energy Sources median (#16 of 130)
No single metric tells the full story. See the JSE:EXX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Exxaro Resources Ltd is one of the South Africa-based diversified resources companies. The company's operating segments are: Coal, Energy, Metals, and Others. The majority of its revenue comes from the coal segment, whose operations are located in the Waterberg and Mpumalanga regions and are split between coal commercial operations and coal-tied operations and produce thermal and metallurgical coal, Commercial Waterberg is comprised mainly of the Grootegeluk operation, Commercial Mpumalanga comprising the Belfast and Leeuwpan operations, and Tied comprising of the Matla mine supplying its entire coal supply to Eskom; and Others comprises of the other coal affiliated operation. Geographically, the company derives majority of its revenue from the RSA region ( Republic of South Africa).
83GF Score
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